The 19th Summit of The Non-Aligned Movement
The Non-Aligned Movement, NAM, has its origin from what has been referred to as the first large scale Asian- African or Afro-Asian conference, held in April 1955. This conference held
A feminist approach to debt
The debt challenges facing many African countries reside not only in the borrowing but increasingly on the rigidity of the debt architecture and its inability to adjust to the changing
Breaking the Cycle of Debt: Addressing the Reasons behind High Indebtedness in Africa and Recommendations for Sustainable Solutions.
Public debt has doubled in Africa since 2010, reaching 65% of GDP in 2022 compared to 32.7% in 2010. The continent has also witnessed a diverse creditor portfolio, with Paris
Judicial Courts as a Third Line of Defence Against Irresponsible Lending and Borrowing in Africa
The extent to which any country can effectively manage and sustain its debt stock equally hinges onthe adequacy of its legal and institutional frameworks that govern the same. While African
Challenges of Credit Rating Agencies in Africa
IntroductionCredit Rating Agencies play an essential function in determining the chances of countries accessing financial resources by offering a solvency risk benchmark to investors for debt issuers and structured finance
Data Blog: Tracking The Use of SDRs in Africa
The IMF allocated Special Drawing Rights (SDRS) equivalent to about US$650 billion in August 2021. This allocation is meant to benefit all members, addressing the long-term global need for reserves
Building Forward Together Fairer Using SDRs
Liquidity is vital for spurring growth and development for developing countries especially during crises for instance the unprecedented economic and health crises from the COVID-19 pandemic. The IMF, allocates Special
Tracking The Use of SDRS in Zambia
Africa requires about US$285 billion through 2025 in order to fully recover from the Covid-19 pandemic whereas roughly US$520 billion is needed for the African nations to catch up with
Tracking the Use of SDRs in Kenya
The issuance of SDRs has been used successfully in the past to boost liquidity of the global economy and ease pressure especially during times of crisis for instance the global
New IMF Resilience and Sustainability Trust (RST) – how to make it work for the global south
Guest analysis by Tirivangani Mutazu, AFRODAD The creation of a new IMF-administered Resilience and Sustainability Trust (RST) is welcome, but its design shortcomings must be resolved. The RST’s purpose must
Africa Unconstrained: Positioning African Countries as rule-makers
Thank you AFRODAD and partners for the invitation to join the inaugural event on debt and development and input the work of my firm Development Reimagined. I would like to
The 4Rs of Covid-19: ‘Reflect’; ‘Repair’; ‘Reboot’; and ‘Revolutionise’
The global Covid-19 pandemic is an unprecedented shock hopefully many of us will not be alive to see another as disruptive and pervasive as this one. A health crisis that shut down
Chinese lending_ fanning the flames of the already blazing debt fire
The infrastructure gap in most African Countries coupled with lack of domestic finance has created a ‘market for finance’ available to African governments. This has attracted Chinese development finance to
Increasing Debt Burdens in Africa: The role of Transparency in the Matrix
Public debt is a double edged-sword, if used for productive purpose and responsibly it supports sustainable development. African countries have been accumulating increased amounts of debt while the quality of public institutions and
Fiscalité minière au Burundi: évasion fiscale, manipulation des prix de transfert et principe de pleine concurrence à l’ère de la crise mondiale du nouveau coronavirus
Le Burundi comme d’autres pays africains, connait un manque à gagner lié à la fraude et aux transactions illicites au niveau régional entre pays de la Communauté d’ Afrique de
Humanising Illicit financial flows: What media need to know
Africa is confronted with deep and multi-faceted developmental challenges. Curbing illicit financial flows (IFFs) has been identified as a fundamental tool to shore up resources to finance the continent’s sustainable
Africa’s debt crisis: Who is to blame?
Mozambique’s population knows what a debt crisis feels like. Teachers aren’t getting paid; schools can’t provide furniture for the students. “In our hospitals the doctors tell the patients: You came here